posted in:

AGR Field Operations and Statoil extend pipeline inspection contract

Thursday, Jun 10, 2010

Statoil has exercised the option to extend the current framework agreement for Pipeline Integrity Services with AGR Field Operations, part of the AGR Group. The 2 year extension starting from February 2011 has an estimated value of NOK 30 million. Total remaining value including options has an estimated value of 100 MNOK.

AGR Field Operations will under this extension continue to provide pipeline inspection services as part of the continuous pipeline integrity program on Statoil’s in-field flow lines in the North Sea.

Åge Landro, Executive Vice President of AGR Field Operations commented: “We appreciate very much the commitment and trust that Statoil has placed in us through this contract extension. It is a vote of confidence for our unique cutting edge technology, the sophistication of our pipeline inspection products and allied services related to pipeline cleaning. We look forward to our continuing relationship with Statoil in the future. “

AGR Field Operations, part of the Oslo Stock Exchange-listed AGR Group, is a leading provider of technology for inspection of pipelines and and technologies to the oil and gas industry. In addition we serve local industries including power utilities, nuclear, marine, and food processing. We have approximately 900 employees and have offices in Norway, Sweden, UK, Malaysia, Singapore, Australia, USA and Brazil.

Source: AGR

posted in:

Other Project News

Sinochem and Statoil sign cooperation agreement 11-06-2010
Chesterfield Biogas Wins First Major Order 11-06-2010
AMEC awarded major South Hook LNG Terminal contract 10-06-2010
Pöyry awarded nuclear and renewable energy strategy project in Saudi Arabia 10-06-2010
Keyera Invests $65 Million to Expand Gathering and Processing Presence in West Central Alberta 10-06-2010
Pöyry awarded EUR 2.1 million surveying project for pumped storage hydropower plant in Switzerland 10-06-2010
Virent Secures $46 Million in Funding to Accelerate Biofuels Scale-Up 09-06-2010
Air Products Building World Class Hydrogen Plant in China 09-06-2010
Masdar Partners with Total, Abengoa Solar to Build World’s Largest Concentrated Solar Power Plant 09-06-2010
ABB wins US$155 million oil and gas order in Kuwait 09-06-2010

Advertisers